Currently, the price of SOL fluctuates between 210-225 USD, showing an overall upward trend. From the 1-hour K-line chart, it has risen by 4.27% in the past 24 hours, showing a certain upward momentum. Although the price trend fluctuates in the short term, it generally shows: a strong bullish trend.

The 4-hour candlestick chart further confirms this view: the yellow 20-day moving average has just crossed the 60-day and 120-day moving averages in a bullish arrangement, which is bullish in the medium and long term.

Below is the 1-hour K-line:


Currently, the price of SOL fluctuates between 210-225 USD, showing an overall upward trend. From the 1-hour K-line chart, SOL/USDT has risen by 4.27% in the past 24 hours, showing a certain upward momentum. Although the price trend fluctuates in the short term, it shows a strong bullish trend overall.

Volume Analysis
There has been an increase in trading volume recently, which shows that the market is paying more attention to the coin. However, the overall trading volume is at a medium level and there is no significant increase in volume, which also means that the market is waiting and watching. Trading volume increased significantly on January 2nd, accompanied by price increases, showing signs of capital inflows; while trading volume fell back on January 3rd, it remained at a high level, which means that market participation is still high. , investors’ enthusiasm continues unabated.

Market heat
SOL ranks third among popular currencies, with a high popularity, which shows that the market pays more attention to this currency and may still maintain its upward momentum in the short term. This high attention will help attract more investors to enter the market and support future trends.

Technical indicator analysis

  • MACD (Moving Average Convergence Divergence)
    At the hourly level, MACD is gradually flattening and showing signs of a golden cross (i.e. the fast line breaks through the slow line, which is usually a buy signal). Although the daily level also shows a rebound signal, MACD is still in the negative range, indicating that further confirmation is needed to determine whether the upward momentum is stable.

  • RSI (Relative Strength Index)
    At the hourly level, the RSI is close to the overbought zone, but not completely overbought. This indicates that the market has a certain buying momentum in the short term, but we need to be alert to possible pullbacks. The daily level has just left the neutral zone, showing a certain upward momentum, further confirming the short-term bullish trend.

  • EMA (Exponential Moving Average)
    EMA20, EMA60 and EMA120 are all diverging upwards, indicating a bullish market in the short, medium and long term. The current price is above all EMA lines, which means that the market support is strong and is expected to continue to rise.

Overall positive


Buy and sell points

Buy point 1: Current price: 210 USDT, buy now

To prevent missing out, after all, the 4-hour level bullish arrangement has begun, and there is a lot of room for growth.

Buy point 2: 208 USDT

60 moving average support position

$SOL In stock👇

Contract 👇

Take profit point

220 USDT 、230 USDT 、240 USDT


The market may continue to maintain a bullish trend in the short term. Investors are advised to operate according to their own risk tolerance and pay attention to changes in trading volume to determine the sustainability of market participation.